When Fame Works Beyond – the Bubble (Sustainable) Business of Thailand Celebrities

Thai celebrities are stepping into the business world, launching their own ventures in various industries. But are these enterprises built to last, or are they just a flash in the pan?

Dr. Gita GAYATRI | Universitas Indonesia
Nop MEECHUKHUN | Nikkei BizRuptors

Published On 18 Apr 2024

Last Updated On 18 Apr 2024

At a glance

Country

Thailand

Type of Business

Celebrity Entrepreneurship

Timeframe

2013 - 2023

Abstract

Thai celebrities are increasingly venturing into entrepreneurship, leveraging their fame to launch their own businesses. This case study examines the phenomenon of celebrity entrepreneurship in Thailand, focusing on how actors capitalize on their fanbase to enter the business world. The case study highlights the economic and cultural factors enabling this trend, such as the strong purchasing power of fandoms, the rise of e-commerce, and shifting consumer preferences post-COVID-19.

Through examples of Thai actor businesses across diverse industries, including fashion, cosmetics, supplements, and food, the case study provides a discussion for learners to analyze the sustainability of celebrity businesses and emphasize the need for strategic planning, effective marketing, and adaptation to market dynamics. It also invites learners to consider the intersection of celebrity influence, consumer behavior, and entrepreneurial sustainability in Thailand’s vibrant cultural and economic landscape.

 


 

 

Cover Photo: 
Astro Stuff on X: “ASTRO Stuffs POP UP STORE 日本初上陸のポップアップストア MTV VMAJ 2023 AT K-ARENA YOKOHAMA, JAPAN #アストロスタッフポップアップストア #MTVVMAJ2023 #astrostuffs"

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Disclaimers:

(1) Regarding Case Study Content: This case study is based mainly on secondary data and analysis of publicly available information unless otherwise stated, and is intended solely for educational purposes. Any opinions expressed by the author(s) are designed to facilitate learning discussion and do not serve to illustrate the effectiveness of the company. Additionally, banner images and logos used in the case study are intended for visualization in an educational setting and it is not used to represent or brand the company. For any dispute regarding the content and usage of images and logos, please contact the team.

(2) Regarding University Affiliation and Titles of Authors: The university affiliation and titles of author(s) seen in the case study is based on their affiliation and title during the time of publication. It may or may not represent the current status of said author(s).

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